On The 25th Anniversary Of 1987 Stock Market Crash, Dow Closes Down

3:24 PM, Oct 19, 2012   |    comments
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NEW YORK -- On the 25th anniversary of the 1987 stock market crash, trading wasn't quite as grim, but decidedly downbeat.

On Friday, the Dow Jones industrial average ended down 206 points, 1.5%, to 13,344, the index's worst day in more than four months.

Other major indexes closed down sharply lower. The tech-laden Nasdaq composite index finished the day 67 points lower, 2.2%, to 3006. The broader Standard & Poor's 500 index closed down 24 points, 1.7,%, to 1,433.

Investors took stocks down hard Friday after a string of disappointing earnings from industry stalwarts...McDonald's, General Electric, Microsoft, Google, to name a few served as a reminder of the economy's struggles.

Related: USA Today Looks Back At 1987 Market Meltdown

USA Today

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